After a petition filed by M/s. NOCIL Ltd, which accounts for more than 50 per cent of the rubber chemical output, the Revenue Department has notified the imposition of safeguard duty on an imported product commonly used in treating natural rubber.
The Office of the Directorate-General of Safeguards identified the rubber chemical as PX-13 or 6PPD, which is extensively used in treating natural rubber, synthetic rubber, butadiene rubber, nitrilie rubber, carboxylated rubber and other synthetic rubber-based compounds, and availed of in the manufacture of various rubber products.
Arguing that the product has had a history of dumping since 2003, the domestic industry, in its petition, presented before the Court the import and injury-related data from 2000-01 to 2010-11 (December 2010).
According to Mr I.D. Majumder, Director-General (Safeguards), the petitioner claimed "a sudden, sharp and significant increase" during the injury period despite the imposition of anti-dumping duty on the product.
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